£236,353
This estimated value is based upon the latest sale price for the house of £176,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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| Price Paid | Date |
|---|---|
| £176,000 | 6 May 2016 |
| £120,000 | 19 Mar 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for SHROPSHIRE to estimate the market value.
When this house was purchased in May 2016 the House Price Index for SHROPSHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £176,000 results in an estimated price of approximately £236,353.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £176,000 | £60,353 | £236,353 |
The Postcode Pricing Model uses changes in average sales price within the TF9 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 108.164 % | £190,369 | £366,369 |
| 3 Month Average | 38.764 % | £68,224 | £244,224 |
| 6 Month Average | 41.104 % | £72,343 | £248,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £516,141 | £508,500 | SALISBURY HOUSE SALISBURY ROAD |
| 19 Apr 2023 | £296,189 | £293,000 | 24 KILN BANK CRESCENT |
| 11 Apr 2023 | £166,796 | £165,000 | 14 THE OVAL |
| 20 Mar 2023 | £264,997 | £262,500 | 28 SUMMERHILL GARDENS |
| 26 Apr 2022 | £180,215 | £175,000 | 68 SALISBURY HILL VIEW |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 10 Feb 2014. Using an estimated price of £236,353 means this house is valued at £2,541 per sq meter (£236 per sq foot).
The average size of a house on SUMMERHILL GARDENS is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Summerhill Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Bank |
| Feb 2024 | Anti-social behaviour | On or near The Oval | |
| Feb 2024 | Anti-social behaviour | On or near The Oval |